#crypto #FTX #yahoofinance
    The US Congress wants to take a closer look at how FTX fell apart, so that it can prevent the next FTX-like implosion.

    The US Senate Agriculture Committee will hear the first of several Congressional hearings on crypto t (Dec. 1). That will be the first of many public probes into what went wrong at FTX, the crypto exchange founded by Sam Bankman-Fried. Eventually, these hearings will help draw up more robust crypto regulation.

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    3 Comments

    1. Watching the crypto community go from where they were to blaming the SEC for not saving them from SBF is one of the funniest real-time 180s I have ever seen. I knew they were going to learn a hard lesson about why the SEC exists (knowing its far from perfect), but this was dramatic.

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